U.S. Commodities President Don Roose expects traders to quickly digest the supply and demand numbers in Tuesday’s WASDE report and begin preparing for the planting intentions report at the end of the month. “On March 31, will we get enough acres to satisfy demand and what will the demand be? The report will be a big report and a market mover.” Weather will override everything. “While we are watching and hoping we get the acres we need, we’re watching the weather. The dry and drought conditions aren’t solved yet. There’s not enough confidence we have a big enough crop in the bin yet.”
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